American chips manufacturer Lamb Weston Holdings has announced that it is building a second factory in China with a production capacity of more than 100,000 tons of end product on an annual basis.
The new plant will be built in Ulanqab, a city in Inner Mongolia province, northwest of Beijing. Lamb Weston estimates the investment of the new factory at 250 million US dollars, about 212 million euros. Construction is expected to be completed in the first half of 2024.
Lamb Weston sees China as an important growth market. The first factory of the American potato processor on Chinese soil is in Shangdu. That is also in Inner Mongolia and relatively close to the location where the second factory is also being built.
